Ormat Technologies Stock Getting Very Oversold
January 20, 2016 at 11:35 AM EST
In trading on Wednesday, shares of Ormat Technologies Inc (ORA) entered into oversold territory, changing hands as low as $32.52 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..